09 Apr (C) Commercial Due Diligence Protect Yourself and Your Clients (C) Commercial Due Diligence Protect Yourself and Your Clients Thursday, April 9, 2015 (9:00 AM to 10:30 AM) Coral Gables Office, Coral Gables, Florida Details You're Registered! DescriptionLocationInstructors Why is it important to understand how open and/or expired permits will affect the buyer post-closing? Buyers Purchasing the Property in its AS IS Condition Understanding What Constitutes an Encumbrance on Title Why Permits Affect a Buyer Post-Closing No Improvements Until Permits Are Closed The Cost of Closing Out Permits If You Are Representing the Seller  then its probably not necessary. If You Are Representing the Buyer If you are representing the seller why is it important to collect and prepare due diligence materials prior to entering into a contract? Survey, Environmental Reports, and Sellers Prior Title Insurance Policy Sellers Prior Title Insurance Policy: The seller should have his own prior policy available, and the title agent in the sale of the property will be able to use it as a base for them to create the title commitment. The seller might also consider updating his title policy prior to entering into a contract, so that the seller can deal with any issues prior to entering into the contract. Leases, Rent Roll, Income and Expense Reports, Licenses and Service Contracts: All buyers are going to need to review these items, so the seller should get them organized in a manner that is easy to deliver to the buyer. Coral Gables Office - Conference Room Coral Gables Office (Conference Room)245 Alcazar AvenueCoral Gables, FL 33134 Map & Directions Avi S. Tryson, Esq. Avi S. Tryson, Esq. is the Managing Partner for the firm’s Miami Office. His practice focuses on residential and commercial real estate transactions, complex commercial leases, community association law, and developer representation. Mr. Tryson has represented some of South Florida's largest developers and private investor groups in connection with their acquisition, development, financing, leasing, and management of commercial properties, including the legal design, creation, and operation of residential, commercial, and mixed-use condominiums, and planned developments. Additionally, Mr. Tryson has represented hundreds of condominium and homeowners' associations as general counsel and in collection and foreclosure matters. He has also represented major local and national institutional lenders on various large scale commercial transactions. Mr. Tryson is a Member of the Board of the Camillus House Young Leaders and also volunteers his time at the Chapman Partnership. He lives in South Miami with his wife Sasha and their daughter.